Tag Archives: rent control news

What the Critics Are Saying About California’s Rent Control Efforts

AB 1482 will go down as being California’s first real foray into rent control and even though everyone will admit that the state has a problem with high rents, few people really are agreeing on what to do about. What Are the Critics Saying About Rent Control in California? As with any new piece of […]

AB 1482 Passes First Senate Test

Following the historic defeat of Proposition 10 in the November 2018 election, legislators have continued on the path to Statewide rent control and with their latest effort, AB 1482, their goal is getting closer to reality. What Is AB 1482? If it’s signed into law by Governor Gavin Newsom, AB 1482 will make it illegal […]

Most Economists Agree That Rent Control Is Bad for The Economy

Thanks to a recent article from the Washington Post we know that most economists agree that rent control is indeed bad for the economy because it doesn’t solve the supply vs. demand issue that we have in California and the United States today. Rent control bills like the defeated Proposition 10, or AB 1482, California’s […]

Statewide Rent Control Update – AB 1482 Narrowly Passes Off Assembly Floor

Following the historic defeat of Proposition 10 in the November 2018 election, California’s elected officials have been working harder than ever before to accomplish their goal of rent control in California and AB 1482 is their latest attempt at accomplishing their goal. Although it looked like AB 1482 would be defeated on Wednesday because the […]

Los Angeles Allows 4 Percent Rent Increase For 12 Month Period

The City of Los Angeles announced this week that they will be approving a 4 percent rent increase for the period of July 2019-July 2020.  Los Angeles is one of several Southern California communities that has had an active rent control ordinance for a long time and the news of their 4 percent rent increase […]

Lawmakers Push for More Rent Control Legislation Post Prop 10

Proposition 10 was defeated in the November 2018 election and although the bill was defeated, lawmakers promised a renewed effort at enacting rent control in California especially with the election of Governor Newsom who promised to sign rent control legislation once it reaches his desk. AB 36 Seeks To “Stabilize” Rents in California While Increasing […]